Clause & Effect: State of the Dispute

CLAUSE: Legal State of Mind
“This Contract shall be governed by and construed under the laws of the state of __________. The parties agree that any legal proceedings arising out of this contract shall be litigated in any court of competent jurisdiction in the state in which the Hotel is located.”
EFFECT: Toto, You're Not in Kansas Anymore
The choice of law and venue clause may become significant in the event of a serious dispute between the hotel and the group because it spells out two ...

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